Schaper Benz & Wise Investment Counsel Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Schaper Benz & Wise Investment Counsel Inc. reported 153 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 3.3% of the portfolio, followed by Stryker (SYK, 3.3%) and American Express (AXP, 3.0%). Compared with Q1 2025, it opened 6 new positions, sold out of 2, added to 55 and reduced 70. The biggest buy was Idexx Laboratories (IDXX, shares +1%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- NEENAH, WI
- CIK
- 0001033974
- Portfolio Value
- $1.3B (Q2 2025)
- SEC Filing
- 0001033974-25-000004 ↗ filed Jul 30, 2025
Holdings Value
Holdings 153 stocks · $1.3B
| AAPL Apple Inc. | 3.28% | 208,066 | $42.7M | Reduce -2.6% |
| SYK Stryker Corp. | 3.27% | 107,664 | $42.6M | Reduce -1.1% |
| AXP American Express Co. | 3.01% | 122,885 | $39.2M | Reduce -3.3% |
| WAT Waters Corp. | 2.80% | 104,533 | $36.5M | Reduce -0.3% |
| CSCO Cisco Systems Inc. | 2.80% | 525,884 | $36.5M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 2.65% | 194,777 | $34.6M | Reduce -3.5% |
| ORCL Oracle Corp. | 2.50% | 148,881 | $32.5M | Reduce -9.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.47% | 66,356 | $32.2M | Reduce -1.0% |
| WFC Wells Fargo & Co. | 2.21% | 358,968 | $28.8M | Reduce -0.3% |
| ADBE Adobe Inc. | 2.14% | 72,011 | $27.9M | Add +0.9% |
| LIN Linde PLC | 2.11% | 58,505 | $27.4M | Reduce -2.3% |
| IDXX Idexx Laboratories Inc. | 2.06% | 50,173 | $26.9M | Add +0.7% |
| PAYX Paychex Inc. | 2.05% | 183,859 | $26.7M | Reduce -5.3% |
| ADP Automatic Data Processing | 1.90% | 80,281 | $24.8M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 1.86% | 137,899 | $24.3M | Reduce -2.4% |
| UNP Union Pacific Corp. | 1.84% | 104,298 | $24.0M | Add +0.2% |
| INTU Intuit Inc. | 1.82% | 30,123 | $23.7M | Reduce -3.7% |
| V Visa Inc. Class A | 1.75% | 64,301 | $22.8M | Reduce -7.7% |
| AFL Aflac Inc. | 1.75% | 216,309 | $22.8M | Reduce -5.6% |
| MSFT Microsoft Corp. | 1.67% | 43,826 | $21.8M | Reduce -0.5% |
| HD Home Depot Inc. | 1.66% | 59,107 | $21.7M | Reduce -4.9% |
| ABT Abbott Laboratories | 1.58% | 151,715 | $20.6M | Reduce -6.1% |
| UBER Uber Technologies Inc. | 1.56% | 218,176 | $20.4M | Reduce -0.5% |
| SYY Sysco Corp. | 1.52% | 261,187 | $19.8M | Reduce -0.9% |
| AME Ametek Inc. | 1.50% | 108,122 | $19.6M | Add +4.5% |
| ADI Analog Devices Inc. | 1.47% | 80,764 | $19.2M | Add +0.0% |
| ISRG Intuitive Surgical Inc. | 1.45% | 34,830 | $18.9M | Reduce -0.0% |
| AMD Advanced Micro Devices | 1.44% | 132,111 | $18.7M | Reduce -6.2% |
| PLTR Palantir Technologies Inc. Class A | 1.36% | 130,033 | $17.7M | Reduce -0.2% |
| SSNC Ss&c Technologies Holdings | 1.28% | 201,526 | $16.7M | Add +0.4% |
| CVX Chevron Corp. | 1.21% | 110,318 | $15.8M | Add +1.5% |
| AXON Axon Enterprise Inc. | 1.19% | 18,706 | $15.5M | Reduce -1.4% |
| SBUX Starbucks Corp. | 1.14% | 162,050 | $14.8M | Reduce -0.9% |
| JNJ Johnson & Johnson | 1.13% | 96,313 | $14.7M | Reduce -0.3% |
| SPOT Spotify Technology SA | 1.12% | 19,080 | $14.6M | Add +3.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.12% | 117,837 | $14.6M | Reduce -4.1% |
| KMB Kimberly-Clark Corp. | 1.09% | 110,547 | $14.3M | Reduce -2.8% |
| PYPL PayPal Holdings Inc. | 1.07% | 187,653 | $13.9M | Add +11.2% |
| AMZN Amazon.com Inc. | 1.04% | 61,578 | $13.5M | Add +0.9% |
| USB US Bancorp | 1.02% | 294,219 | $13.3M | Add +0.2% |
| ECL Ecolab Inc. | 1.00% | 48,163 | $13.0M | Add +0.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.98% | 132,059 | $12.7M | Reduce -7.2% |
| CMCSA Comcast Corp. Class A | 0.93% | 341,309 | $12.2M | Reduce -7.9% |
| NVDA Nvidia Corp. | 0.93% | 76,906 | $12.2M | Reduce -3.1% |
| REGN Regeneron Pharmaceuticals | 0.90% | 22,357 | $11.7M | Add +11.2% |
| TFC Truist Financial Corp. | 0.86% | 261,690 | $11.3M | Reduce -1.9% |
| NKE Nike Inc. Class B | 0.85% | 155,763 | $11.1M | Add +15.5% |
| ENB Enbridge Inc. | 0.82% | 235,054 | $10.7M | Reduce -0.2% |
| ANSS Ansys Inc. | 0.80% | 29,716 | $10.4M | Reduce -2.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.77% | 33,936 | $10.0M | Reduce -26.0% |
| ALGN Align Technology Inc. | 0.74% | 51,233 | $9.7M | Reduce -2.8% |
| EVRG Evergy Inc. | 0.73% | 138,238 | $9.5M | Add +0.8% |
| SLM SLM Corp. | 0.72% | 286,879 | $9.4M | Reduce -5.5% |
| META Meta Platforms Inc. Class A | 0.70% | 12,304 | $9.1M | Reduce -0.3% |
| GE General Electric filed as GE AEROSPACE | 0.70% | 35,263 | $9.1M | Reduce -0.3% |
| MDT Medtronic PLC | 0.69% | 103,058 | $9.0M | Reduce -0.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.69% | 264,592 | $8.9M | Add +10.4% |
| INTC Intel Corp. | 0.65% | 380,940 | $8.5M | Reduce -1.4% |
| AMCR Amcor PLC | 0.63% | 886,965 | $8.2M | Add +0.9% |
| MRK Merck & Co. Inc. | 0.60% | 99,322 | $7.9M | Add +0.1% |
| CP Canadian Pacific Kansas City | 0.56% | 92,220 | $7.3M | Reduce -8.1% |
| GPN Global Payments Inc. | 0.55% | 89,991 | $7.2M | Add +3.4% |
| ROK Rockwell Automation Inc. | 0.54% | 21,310 | $7.1M | Add +10.6% |
| DEO Diageo PLC-Sponsored ADR | 0.48% | 61,422 | $6.2M | Add +11.0% |
| SO The Southern Co. | 0.45% | 63,196 | $5.8M | Reduce -0.8% |
| IPGP Ipg Photonics Corp. | 0.44% | 84,359 | $5.8M | Add +7.5% |
| PAYC Paycom Software Inc. | 0.44% | 24,761 | $5.7M | Reduce -3.4% |
| DUK Duke Energy Corp. | 0.44% | 48,361 | $5.7M | Reduce -0.6% |
| MRSH Marsh & McLennan Cos | 0.43% | 25,890 | $5.7M | Add +1.6% |
| BEN Franklin Templeton Inc. | 0.40% | 217,142 | $5.2M | Add +1.7% |
| PFE Pfizer Inc. | 0.38% | 205,904 | $5.0M | Add +2.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.33% | 6,861 | $4.2M | Reduce -6.8% |
| VRSN Verisign Inc. | 0.32% | 14,496 | $4.2M | Reduce -0.6% |
| KIM Kimco Realty Corp. | 0.30% | 188,526 | $4.0M | Reduce -1.3% |
| OVV Ovintiv Inc. | 0.30% | 103,803 | $3.9M | Reduce -1.6% |
| KO The Coca-Cola Co. | 0.30% | 55,673 | $3.9M | Reduce -4.2% |
| PG The Procter & Gamble Co. | 0.28% | 22,683 | $3.6M | Reduce -4.8% |
| BKNG Booking Holdings Inc. | 0.27% | 602 | $3.5M | Reduce -0.3% |
| COST Costco Wholesale Corp. | 0.27% | 3,499 | $3.5M | Add +3.1% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 58,989 | $2.9M | Add +177.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.22% | 4 | $2.9M | Reduce -20.0% |
| ASB Associated Banc-Corp. | 0.21% | 113,695 | $2.8M | Add +2.3% |
| IWD iShares Russell 1000 Value E | 0.21% | 13,976 | $2.7M | No change |
| XOM Exxon Mobil Corp. | 0.21% | 24,999 | $2.7M | Add +0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 7,832 | $2.4M | Add +5.7% |
| ETSY Etsy Inc. | 0.17% | 45,270 | $2.3M | Add +0.3% |
| VEEV Veeva Systems Inc. Class A | 0.17% | 7,619 | $2.2M | Add +19.3% |
| GEV GE Vernova Inc. | 0.15% | 3,727 | $2.0M | Reduce -12.3% |
| FICO Fair Isaac Corp. | 0.15% | 1,069 | $2.0M | Add +0.3% |
| PEP Pepsico Inc. | 0.13% | 12,803 | $1.7M | Add +0.3% |
| WBA Walgreens Boots Alliance Inc. | 0.13% | 143,947 | $1.7M | Reduce -1.0% |
| HQY Healthequity Inc. | 0.13% | 15,685 | $1.6M | Add +0.3% |
| CWB SS SPDR BB Conv Sec ETF | 0.12% | 18,743 | $1.5M | Reduce -2.3% |
| LAMR Lamar Advertising Co. Class A | 0.12% | 12,557 | $1.5M | Add +40.0% |
| GLD SPDR Gold Shares | 0.12% | 4,957 | $1.5M | No change |
| MTCH Match Group Inc. | 0.11% | 45,005 | $1.4M | Reduce -0.1% |
| O Realty Income Corp. | 0.11% | 23,980 | $1.4M | Add +2.5% |
| VFC VF Corp. | 0.10% | 112,420 | $1.3M | Reduce -0.9% |
| PLXS Plexus Corp. | 0.10% | 9,738 | $1.3M | Reduce -19.8% |
| ABBV Abbvie Inc. | 0.09% | 6,204 | $1.2M | Add +12.0% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -2.6% | 3.28% | −0.58 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 2.47% | −0.42 |
| PAYX Paychex Inc. | Reduce -5.3% | 2.05% | −0.38 |
| WAT Waters Corp. | Reduce -0.3% | 2.80% | −0.34 |
| AFL Aflac Inc. | Reduce -5.6% | 1.75% | −0.32 |
| V Visa Inc. Class A | Reduce -7.7% | 1.75% | −0.23 |
| KMB Kimberly-Clark Corp. | Reduce -2.8% | 1.09% | −0.22 |
| HD Home Depot Inc. | Reduce -4.9% | 1.66% | −0.19 |
| CMCSA Comcast Corp. Class A | Reduce -7.9% | 0.93% | −0.18 |
| JNJ Johnson & Johnson | Reduce -0.3% | 1.13% | −0.17 |
| SBUX Starbucks Corp. | Reduce -0.9% | 1.14% | −0.16 |
| IBM Intl Business Machines Corp. | Reduce -26.0% | 0.77% | −0.16 |
| ABT Abbott Laboratories | Reduce -6.1% | 1.58% | −0.16 |
| LIN Linde PLC | Reduce -2.3% | 2.11% | −0.16 |
| ADP Automatic Data Processing | Reduce -2.9% | 1.90% | −0.15 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -20.0% | 0.22% | −0.10 |
| SYY Sysco Corp. | Reduce -0.9% | 1.52% | −0.09 |
| TROW T Rowe Price Group Inc. | Reduce -7.2% | 0.98% | −0.08 |
| MDT Medtronic PLC | Reduce -0.9% | 0.69% | −0.07 |
| OVV Ovintiv Inc. | Reduce -1.6% | 0.30% | −0.06 |
| INTC Intel Corp. | Reduce -1.4% | 0.65% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -4.8% | 0.28% | −0.05 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -73.3% | 0.02% | −0.05 |
| UHS Universal Health Services-B | Sold out | 0.00% | −0.05 |
| DUK Duke Energy Corp. | Reduce -0.6% | 0.44% | −0.04 |
| VFC VF Corp. | Reduce -0.9% | 0.10% | −0.04 |
| KO The Coca-Cola Co. | Reduce -4.2% | 0.30% | −0.04 |
| SO The Southern Co. | Reduce -0.8% | 0.45% | −0.03 |
| ENB Enbridge Inc. | Reduce -0.2% | 0.82% | −0.03 |
| TFC Truist Financial Corp. | Reduce -1.9% | 0.86% | −0.03 |
| KIM Kimco Realty Corp. | Reduce -1.3% | 0.30% | −0.03 |
| PLXS Plexus Corp. | Reduce -19.8% | 0.10% | −0.03 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.02 |
| SYK Stryker Corp. | Reduce -1.1% | 3.27% | −0.02 |
| PAYC Paycom Software Inc. | Reduce -3.4% | 0.44% | −0.01 |
| WTFC Wintrust Financial Corp. | Reduce -32.1% | 0.03% | −0.01 |
| AMGN Amgen Inc. | Reduce -10.5% | 0.04% | −0.01 |
| CP Canadian Pacific Kansas City | Reduce -8.1% | 0.56% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.8% | 0.33% | −0.01 |
| MTCH Match Group Inc. | Reduce -0.1% | 0.11% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -7.0% | 0.05% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Reduce -1.0% | 0.13% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -26.5% | 0.02% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -0.4% | 0.02% | −0.00 |
| MO Altria Group Inc. | Reduce -0.2% | 0.02% | −0.00 |
| SLM SLM Corp. | Reduce -5.5% | 0.72% | −0.00 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -2.3% | 0.12% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -11.2% | 0.04% | −0.00 |
| AMP Ameriprise Financial Inc. | Reduce -0.2% | 0.02% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -1.8% | 0.03% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| IDXX Idexx Laboratories Inc. | Add +0.7% | 2.06% | +0.37 |
| SPOT Spotify Technology SA | Add +3.6% | 1.12% | +0.30 |
| PYPL PayPal Holdings Inc. | Add +11.2% | 1.07% | +0.18 |
| NKE Nike Inc. Class B | Add +15.5% | 0.85% | +0.15 |
| ADI Analog Devices Inc. | Add +0.0% | 1.47% | +0.15 |
| VWO Vanguard Ftse Emerging Marke | Add +177.8% | 0.22% | +0.15 |
| ROK Rockwell Automation Inc. | Add +10.6% | 0.54% | +0.14 |
| AMZN Amazon.com Inc. | Add +0.9% | 1.04% | +0.09 |
| BEN Franklin Templeton Inc. | Add +1.7% | 0.40% | +0.06 |
| AME Ametek Inc. | Add +4.5% | 1.50% | +0.06 |
| VEEV Veeva Systems Inc. Class A | Add +19.3% | 0.17% | +0.05 |
| IPGP Ipg Photonics Corp. | Add +7.5% | 0.44% | +0.04 |
| NFLX Netflix Inc. | Add +120.5% | 0.06% | +0.04 |
| LAMR Lamar Advertising Co. Class A | Add +40.0% | 0.12% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.03% | +0.03 |
| VXUS Vanguard Total Intl Stock | New | 0.03% | +0.03 |
| GLTR Abrdn Precious Metals Basket | New | 0.02% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.7% | 0.18% | +0.02 |
| INDA iShares MSCI India ETF | New | 0.02% | +0.02 |
| EMR Emerson Electric Co. | New | 0.02% | +0.02 |
| SCHG Schwab US Large-Cap Growth | New | 0.02% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +57.0% | 0.04% | +0.02 |
| USB US Bancorp | Add +0.2% | 1.02% | +0.02 |
| HQY Healthequity Inc. | Add +0.3% | 0.13% | +0.01 |
| TCAF T Rowe PRC Cap Appreciation | Add +11.5% | 0.08% | +0.01 |
| TSLA Tesla Inc. | Add +6.6% | 0.05% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +7.6% | 0.08% | +0.01 |
| ASB Associated Banc-Corp. | Add +2.3% | 0.21% | +0.01 |
| ECL Ecolab Inc. | Add +0.2% | 1.00% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +1.2% | 0.05% | +0.01 |
| WMT Walmart Inc. | Add +12.3% | 0.04% | +0.01 |
| COST Costco Wholesale Corp. | Add +3.1% | 0.27% | +0.01 |
| DEO Diageo PLC-Sponsored ADR | Add +11.0% | 0.48% | +0.00 |
| PM Philip Morris International | Add +0.5% | 0.04% | +0.00 |
| TDVG T Rowe Price Dividend Growth | Add +8.8% | 0.05% | +0.00 |
| SHOP Shopify Inc. Class A | Add +1.6% | 0.02% | +0.00 |
| SLV iShares Silver Trust | Add +6.7% | 0.04% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +1.4% | 0.04% | +0.00 |
| RTX RTX Corp. | Add +3.8% | 0.03% | +0.00 |
| ETSY Etsy Inc. | Add +0.3% | 0.17% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.7% | 0.03% | 0.00 |
| WEC WEC Energy Group Inc. | Add +1.3% | 0.03% | −0.00 |
| LOW Lowe's Cos Inc. | Add +1.2% | 0.04% | −0.00 |
| O Realty Income Corp. | Add +2.5% | 0.11% | −0.00 |
| COP Conocophillips | Add +3.3% | 0.02% | −0.00 |
| ABBV Abbvie Inc. | Add +12.0% | 0.09% | −0.01 |
| FICO Fair Isaac Corp. | Add +0.3% | 0.15% | −0.01 |
| PEP Pepsico Inc. | Add +0.3% | 0.13% | −0.03 |
| PFE Pfizer Inc. | Add +2.5% | 0.38% | −0.03 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.21% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 160 | $1.5B | AMD, GOOG, CSCO, AAPL, GOOGL |
| Q1 2026 | 158 | $1.3B | AAPL, GOOG, CSCO, GOOGL, SYK |
| Q4 2025 | 154 | $1.4B | GOOG, AAPL, AXP, GOOGL, CSCO |
| Q3 2025 | 152 | $1.3B | AAPL, GOOG, ORCL, AXP, SYK |
| Q2 2025 | 153 | $1.3B | AAPL, SYK, AXP, WAT, CSCO |
| Q1 2025 | 149 | $1.2B | AAPL, SYK, WAT, BRK.B, AXP |
| Q4 2024 | 149 | $1.2B | AAPL, WAT, SYK, GOOG, AXP |
| Q3 2024 | 150 | $1.3B | AAPL, SYK, WAT, ADBE, AXP |
| Q2 2024 | 146 | $1.2B | AAPL, GOOG, ADBE, SYK, WAT |
| Q1 2024 | 143 | $1.2B | SYK, AAPL, WAT, ADBE, GOOG |